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a question? tweet cramer, #madtweets. send jim an e-mail to "mad money"@cnbc.com. or give us a call. 1-800-743-cnbc. miss something? head to madmoney@cnbc.com. revolutionizing an industry can be a tough act to follow, but at xerox we've embraced a new role. working behind the scenes to provide companies with services... like helping hr departments manage benefits and pensions for over 11 million employees. reducing document costs by up to 30%... and processing $421 billion dollars in accounts payables each year. helping thousands of companies simplify how work gets done. how's that for an encore? with xerox, you're ready for real busi. >>> just because the market had a fabulous day today doesn't mean you can afford to stop playing some defense with high-needing food stocks that can thrive, even when the global economy is in dire straits. take long-time cramer fave b & g foods, neglected brands from larger players, private equity firms, and bringing them back to it life. you might know b & g as pickles. b & g just reported last thursday and the company delivered an excellent quarter wit
anywhere, "mad money" with jim cramer starts now. don't go anywhere, "mad money" with jim cramer starts right now. >>> i'm jim cramer and welcome to my world. >> you need to get in the game! firms are going to go out of business and he's nuts, they're nuts! they know nothing! i always like to say, there's a bull market somewhere and i promise -- "mad money," you can't afford to miss it. hey, i'm cramer! welcome to "mad money." welcome to cramerica. other people want to make friends, i'm just trying to make you a little money. my job is not just to entertain you, but to teach and to coach, so call me at 1-800-743-cnbc. listen up, okay! listen up! this, right here, this is europe, okay? this is the united states, all right? this, this is china, all right? we are here, they're over there. and they're over there, okay? you with me so far? we have 310 million people. these guys have about 739 million people. these guys have 1.3 billion people. i want you to keep this geography lesson in mind. because it is taking control of the averages on almost a daily basis and i can't do anything about i
promise to keep fighting for you. >> jim cramer leveling the playing field next. >>> i'm jim cramer and welcome the my world. >> you need to get into the game. >> and firms are going to go out of business and they are nuts, they are nuts, they know nothing. >> i always like to say there is a bull market somewhere and maria, you can"mad money," you can't afford the miss it. i'm cramer and welcome to cramerica. some people want to entertain you, but my job is to educate you. call me at 800-700-cnbc. en before the tragedy in boston, there was a market decline because of the stunning events in boston, massachusetts. why going down before that though? frankly, it was a self-fulfilling day, and the best encapsulated by the following wisdom, everyone else is selling so don't we have to sell, too? with the dow jones slipping, and the s ashgts and p 2.3 p%, and nasdaq with the worst day in a long time, what was going on with the stock market? why weak from to get-go? now, i kept my ear to the ground all day and frankly, i want to tell the truth out here, i could not find a single truly cogen
analyst jim walsh joins me here in a very chilly boston at this hour. gentlemen, we've been talking about this, you know, off and on this evening about the fbi. whether they dropped the ball. and a lot of monday morning quarterbacking going on. lou, to you in new york. it's too soon to tell, but there was certainly -- the fbi will certainly have to answer some questions after the older brother took a trip to russia and no one really followed up on that, lou. >> yes, i agree with you, don. i think there are some questions that need to be answered in the proper forum. i do think director muller and administrators of the fbi that had knowledge of the heads up they received from the russian government, sfb, their intelligence group, they'll have to explain exactly what transpired here and answer as to why they did or didn't do things. >> jim, it is bloelieved, everye has said they believe the brothers acted alone. is it too soon to tell? considering as much firepower they had and how some people thought they planned this out. >> yes. >> could there be someone else out there? >> i'm glad you a
right now. >>> good wednesday, i'm carl quintanilla, jim cramer, david faber. a lot of corporate earnings today. some of them okay. some of them not so okay upon. implied open looks to be down again even as we had the so far this week the worst day of the year and then the second best day of the year. the volatility continuing today. europe's got some issues, as well. a lot of rampant rumors about various downgrades and a german bond auction that resulted on a record low of a ten-year of 128. our road map begin with the marks looking like it's time to put your hands up and as we prep for the second decline in this roller coaster. it's up and down for two drills, cat getting a double dose of negative comments. >> bank of america dragging down the rest of that sector after it did miss us and it's the only consolation. profits were four times higher than a year ago on cost-cuts and fewer bad loans. >> there's intel beating by a penny last night and expects current revenue, and the decline in pc sales. >> the second consecutive quarters in a row. display ads leads to revenue misses a
are choosing fidelity. now get 200 free trades when you open an account. >>> welcome back to "squawk". jim is standing by at the cme in chicago. you've got the numbers. >> the numbers 352. and the claims number 368 on the continuing claims. it's about kind of where it is. the revision from last week up 2,000. so it's right kind of as expected. this was the big number. independent of last week's claims numbers over of last three weeks claims have been a big deal. they have indicated some sort of spring swoon. this is an indication how severe it is going to be. from the looks, it's not that big a deal. stock market up from that. these numbers came out as expected, which is not bad compared to two weeks ago. >> thank you for that. we've got reaction from steve liesman. are the numbers as positive as jim was portraying them? >> it's interesting, andrew. we have yet to see confirmation of that weak jobs report come up in the jobless claims. we have a speak up, some of it. now it has settled down back into that 350,000 range. you would think if it deteriorated as much as it has you would see som
morning. welcome to "squawk on the street." i'm carl quintanilla with jim cramer who is tasting mcdonald's new breakfast lineup which we'll talk about this hour. got a triple whammy of dow, dupont, trafrlers, utx pretty good as futures are on the rise. day of reckoning, some have said, netflix soaring after last night's results. in europe, weak pmis out of germany, china, too, but the european markets are pricing in higher expectations this morning for a rate cut from the ecb. our road map begins with users streaming internet flicks, the house of cards paying off for the company and shares skyrocketing for the company. is it too late to buy the stock. >> we're counting down to apple's earnings report and that will be after the close. the shares over the $400 mark. one way or the other. >> luxury not dead, at least not according to coach and we'll dig deeper into those numbers. >> u.s. airways and delta beating those numbers. >> not quite as sanguine. we'll take a look at the airline sector and talk about travel turbulence a bit, as well. >> definitely not comericcal. >> for the fir
analyst mr. jim walsh. he joins me here in boston. >> cold boston. >> everyone is asking me, is it that cold in boston? it is. >> you're clearly not a native new englander. you picked a bad spot. >> we're in a wind tunnel. i'll ask you since we are here talking. did the fbi drop the ball in interviewing the older tsarnaev brother? >> i mean at a very simple level, based just on the outcome you would have to say yes. he interviewed him and he went on to commit an act. but i don't think we have the full answer here yet. what was the process that they followed? the fbi interviews a ton of folks every year. only a fraction of which are actually dangerous. they interview me when i go to aroon and north korea and come back. but obviously either they -- he fell through the cracks or at the time that they were interviewing him they weren't giving him anything actionable to continue his case. >> but, lou, he did visit russia, stayed there for six months. you feel the fbi dropped the ball? >> i'm not going to rush to judgment on this. i think we're going to have hearings where directo
quintanilla with jim cramer, david faber. after three days of triple digit moves on the dow, futures finally appear to be taking somewhat of a breather as we are knee-deep in earnings. lot of big names reporting today. jobless claims inching up a few moments ago. europe has had a pretty good bond auction, both in france and in spain. today, although italy's parliament still struggling to elect a president in their first vote. our road map begins with all that market volatility. we were up, then down, then up. we'll look at whether another triple digit move on the dow today could play out. >>> apple dipped below $400 a share yesterday. closed above that. this morning verizon reporting strong activations for the iphone for the last quarter. will that help this stock that's been in free fall? >>> pepsi beating expectations this morning. jim has an interview with the ceo. >>> paypal under pressure this morning, facing increased competition from amazon and others. we'll break down numbers and talk exclusive to john donahoe, ebay's ceo coming up. >>> futures on the rise after yesterday's drop of 1
by jim o'neill as he nears the end of his tenure at goldman sachs. we'll get his best and worst investment calls from his time in the city. we'll hear up for earnings from apple later in the day. and we'll cross live to boston for the latest on what has motivated marathon bomber dzhokhar satisfy negative. >>> china's industry minister says there are they're overcapacity problems, but accelerating activity is normal. since chris is here, let's ask you, as well, about some of the details. to just above contracts at 50.6. yeah. this is a big disappointment. we were hoping we would see some traction gain signs there with china that benefiting from that. the weakness came from the exports index. a turn around there which is a big disappointment, firms addressing that buy by cutting back on their workforces. >> but the bulls will argue that rely more on domestic growth and less on economic consumption. is this not at least consistent with that shift? >> well, you could argue that and you could say this is going to promote the authorities to try to engender some more domestic growth, a
to jim simons, the founder of jim simons, the founder of renaissance right after the crash, he said his firms stepped away from the markets. that's what happened this time around. this only happened for a minute, but the damage could be much deeper. and for all the people in the u.s., outside the u.s., this is a playbook. so be careful. >> exactly. a playbook, a good analogy there. >> we didn't even get to the issue of whether the s.e.c. will rethinking their ruling on allowing social media for material information, because that, i suspect, will become part of the conversation at some point in all of this. >> got to happen. we're in the final stretch of trading, about 35 minutes before the closing bell sounds. we've got a market up in the triple digits, up 139 points. >> delta air, us airways flying high after posting rare first quarter profits. when we come back, find out if these stocks can soar even higher. >>> also ahead, he's one of the federal reserve's biggest critics. but jim grant has his eyes on two stocks really benefiting from the fed's easy money policies. he's going to giv
korea. jim maseda joins us from seoul. hi, jim. >> reporter: hi, kelly. well, the past 24 hours have been a pretty good example of the unpredictability of kim junk union and his scene. after all of those signals, it turned out to be a very quiet day in north korea, focused entirely on those celebrations around founding father kim jong il's birthday. but then last night, there was a sudden new threat from the north korean military, which said it would strike south korea without warning if there were another anti-north protest in the south. so this was in reaction to a very small demonstration yesterday here in downtown seoul where a couple of effigies of kim jong un were burned. in the same message, he said the south must apologize for its undig phied acts before talks could happen. despite the angry ultimatum, there does seem to be a shift now towards what they call offramping or tamping down the volume and talking rather than confrontation. that said, those two medium range missiles are reportedly on their launchers in the eastern part of north korea ready to be fired. the south is
as well. let's get jim in on this conversation, international chairman and ceo. jim, when i saw this, i thought, wait a minute, this is unbelievable considering that every casino i've ever been in, they want to keep you inside, not bring you outside. tell me what's at the heart of this idea. >> well, you're right. it's not your father's casino environment. this is to reflect the new consumer, the consumer is experienced samplelers. they want not to be told what to do, and we're building a park that will be the connective tissue between two iconic resorts already, new york new york and monte carlo. we're bringing danny meyers from shake shack out to las vegas for the first time, and we're building a brand new 20,000-seat arena that will anchor this park. so imagine an indoor/out experience where people can go around and not be told what to do, do what they want to do, and i think it's going to benefit the existing resorts we have. liz: and you've also got the hershey's chocolate world. i like chocolate so, of course, i totally -- [laughter] i completely focused on chocolate world. but i
to justice. [ cheers and applause ] >> heather: an amazing moment. jim gray is a sportscaster and fox news contributor. jim, what is it about a sporting event that can bring us altogether and allow us all to heal just a little bit, maybe for the moment? >> it's always been an escape. it's a chance to set aside all the problems that go on. it brings the community together. it allows everyone to have a place where they can vent their emotions and try and get away from the realities of life. it's been a great healing in many times of crisis throughout our country's history. >> heather: you've been a sportcast terrify for many years. this was done following 9/11. in the days that followed that, liza minelli and belting out new york, new york. that was september 21st. shoe share some of your reflections and times you remember events have been able to, country has been able to heal due to a sporting event? >> i don't think when president bush took the mound at yankee stadium and he threw out the first pitch. the whole thing had just been a month. it was still so very, very fresh. here the leader
attack. good morning, welcome to "squawk on the street." i'm carl quintanilla with jim kramer and david faber live at the new york stock exchange. housing starts beat big, surp s surpassing a $1 million annual rate for the first time since 2008. consumer prices relatively tame up 1.5% year over year. gold after its largest intraday drop on record yesterday and as for europe that they had been the laggard around the world as we saw red arrows earlier in the morning and we'll see if they catch up some of our futures which are improving as the morning goes on. >> quite a session yesterday and people will be looking for some reversals. >> i think they'll take back the 2:45 to 4:00 hit. twitter had it first because the market did want initially react to boston until 3:15. the incident was obviously well before that, and i think you can roll that back because the sense is what's going to happen overnight and that makes sense that people will be worried and the tragedy was the tragedy. hopefully there will be no more and therefore you can take that back a couple of better earnings like a coca
about you. >> very lovely. >>> someone we also think is lovely, cbs sportscaster jim nantz who we like. he reportedly had an elaborate plan to deal with the blackout at this year's super bowl. most of the superdome went dark in the third quarter. remember that? according to "sports business journal" says nantz he wanted to jump from the broadcast booth, grab a ledge and lower himself into the stands. from there, he wanted to run onto the field and report what was going on. lance barrow who was producing for cbs thought better of the idea and kept nantz in his seat. >> they're probably going thank you, lance barrow. doubt me, don't. jim nantz. >>> live television can be shall we say, a dicey thing, especially when mistakes can last forever on the internet. ben tracy shows us a north dakota tv news anchor who's learning that lesson the hard way. >> reporter: first days on the job can be tough. this one was awful. >> [ bleep ] gay. >> good evening, i'm van tieu. >> a.j. clemente apparently unaware he was on the air swore as he got flustered practicing his lines for hi
and jim cramer. >> good morning, jim. >> lots to talk about. we account talk about boston and the impact on the market. i would love to hear your view on the psychology there, but also coca cola there. goldman sachs, j&j, we had good numbers. >> coca-cola doesn't have to say anything positive and people absolutely lap it up as they've done for all of the consumer products company and everies single one whereas, goldman sachs they just put a single boilerplate line about what everybody knows which is the macro environment and you're supposed to throw the stock out. i think that is a mistake, and i think the book value is for real. j & j is blessed. he's making it better. j & j and coca-cola, andrew, after boston, hey, you what? i'm take them. it's after boston. boston signifies the psychological terror that people feel when they buy anything other than what's in the supermarket. >> we were talking, i think in the 6:00 hour about sort of is this going to be a major psychological shift that people have come out and says not only a huge tragedy, but it will change the way people think about
," jane wells, san diego. >>> and tomorrow we'll be speaking with ceo jim atchison at the new york stock exchange. bill, i understand he's bringing a penguin to help him ring the opening bell tomorrow morning. >> one of the best-dressed bell ringers they've had at the exchange in quite a while. it's a great family story, but can they continue to grow this franchise? it's pretty long in the tooth. >> i'll ask him. we'll find out. i'll report back tomorrow. and that's "nightly business report" for tonight. thanks so much for watching. >> i'm bill griffeth. have a great evening. we will see you again tomorrow. >> "nightly business report" has been brought to you by -- >> thestreet.com. interactive financial, multimedia tools for an ever-changing financial world. our dividend stock adviser guides and helps generate income during a period of low interest rates, options profits, helps educate beginning and seasoned options traders. action alerts plus is a charitable trust portfolio that provides trade-by-trade strategies. online, mobile, social media. we are thestreet.com.
three deaths. cnn's jim spellman is in peoria, illinois. >> good morning, christine. you can see the waters coming up here. this is not too unusual here but it's got about another two feet to go. so far these sandbag levees are holding. they hope that remains the case. from north dakota to indiana, to mississippi. flad watches and warning throughout the middle of the country as rain water from torrential spring storms barrels down rivers and streams. >> so far it's held. >> reporter: in peoria heights, katie eaten hopes these sandbags and this pump will protect her home from the rising illinois river. what's it like to know your home's at risk? >> it's scary. i've had family lose house to floods, so i mean i know what to expect. but it's -- it's scary. >> reporter: at the end of the block, neighbors gail and jerry knew their home would be the first to flood. they spent the last few days removing all their possessions knowing they would likely never move back into their home of 13 years. you were prepared, but what is it like to actually watch your home go under water? >> it's dev
. coming up, a closer look at the stocks on the move ahead of the opening bell. we'll check in with jim cramer coming up next when we return. revolutionizing an industry can be a tough act to follow, but at xerox we've embraced a new role. working behind the scenes to provide companies with services... like helping hr departments manage benefits and pensions for over 11 million employees. reducing document costs by up to 30%... and processing $421 billion dollars in accounts payables each year. helping thousands of companies simplify how work gets done. how's that for an encore? with xerox, you're ready for real business. >>> welcome back to "squawk box." jim cramer joins us fro the new york stock exchange. good to see you, my friend. i need to know two things from you. how do you feel about yahoo and marisa meyer and someone was comparing this to jcp. >> oh, please! >> i wanted to get your view and then i want to know what you think about bank of america. >> first of all, i like what meyer is doing. >> the big problem at yahoo is a big culture, and i also like the idea of no more jumpe
will have one of the echo creators of jim chapin will be here to talk to read his new project. we will see you here tomorrow. "the willis report" as telling a next. ♪ gerri: hello, everybody. i'm gerri willis. tonight on "the willis report" budget cuts bite at airports across the country and passengers feel it. >> i got here and they said that the flight was canceled. gerri: the old adage, sell in may and go away, but how did you invest the right way this year? we will show you how. your boss snooping under facebook and twitter. are your privacy rights gone for good? we are on the case tonight on "the willis report." ♪ gerri: tonight's top story, delays at airports coast to coast. according to the faa, flights into new york, baltimore, and washington are delayed because of not enough controllers on hand to monitor the busy corridors. joining me now, president of boy group international and erik hanson, director of domestic policy for the u.s. travel association. welcome to you both. i will start with you, mike. what do you make of this? the fda is saying many of these delays are two ho
, how would agent jim toth was arrested for driving under the influence of alcohol. what is the says she was worried about her husband and clearly had one drink too many but asserted her respect for law enforcement. >> it is kind of surprising to hear her play that card. she was not in her right mind. she said she had one too many. she is trying to the vendor has been. that is what happens when they try to do that with police. >> let's look at weekend box office numbers and times cruises' new sci-fi thriller oblivion wince at the top spot at $38.2 million. in second place, 42 turning an estimated $18 million and running out the top three, though croods with an estimated $9.5 million. here is a view from mt. tam overlooking san francisco. temperatures are already beginning to warm up a bit, it will get hot later on beginning to warm up a bit, itnew nehoney bunches of oats greek yogurt and whole grain. herehe we go. honehoy corncoflakes and chunks of greek yogurt. i'i'm tasting both the yogurt and the honey at the same time. i'm like digging this yogurt thing. i feelfe healthy. new how ney
digital age. thank you. appreciate it. >> when we come back, we have jim cramer, stocks to watch and we'll talk about what has him fired up ahead of the opening bell. stick around. .. as soon as i met fiona and i was describing the problem we were having with our rear brakes, she immediately triaged the situation, knew exactly what was wrong with it, the car was diagnosed properly, it was fixed correctly i have confidence knowing that if i take to ford it's going to be done correctly with the right parts and the right people. get a free brake inspection and brake pads installed for just 49.95 after rebates when you use the ford service credit card. did you tell him to say all of that? no, he's right though... a lot can happen in a second. with fidelity's guaranteed one-second trade execution, we route your order to up to 75 market centers to look for the best possible price -- maybe even better than you expected. it's all part of our goal to execute your trade in one second. i'm derrick chan of fidelity investments. our one-second trade execution is one more innovative reason serious in
now. u.s. remember at the beginning of the iraq war, jim asked me a question, does this still hold true today? do movie stars need be afraid to speak out? and i would say, yes. the lesson is, if what you care about is your pocketbook, if you want to speak out and be pro patriotic and defend america right or wrong, you'll never get in trouble. if you want to be critical of foreign policy because you belief, as a citizen -- remember, we have a thing called the constitution. all men are created equal. everybody, at least from the beginning, white, male, 2 1, with property, could vote. since then we've expanded -- well, i'm not being sarcastic because in terms of the world to have any white male who was sovereign, that we were sovereign. the american revolution declared the people sovereign rather than a king or queen. you couldn't have a king or queen taking your land away because they had finch it to you through sovereign rights. so if every citizen has a right to say what they should or should not do in our government, we would think we could respect that, and yet at the very begi
for the markets and today, more big swings, michelle. >> let's break it down. joining us is jim mcdonald from northern trust global investments. this week, overall, so far, looks pretty negative. you went into the year very positive. you still positive, despite these two big sell-offs this week? >> we are. i think what's happened today, for example, we've gotten a one-two punch over concerns between european credit and also some worries about the global growth environment. we think we may have a little bit of a pause here, but we're going to see continued growth through the year. it will be rewarded by take risk in the stock market. >> why? >> because with growth keeping up and inflation being under control, monetary policy is going to stay very easy, and we see that as being something that's going to lead to equity returns being positive. >> you have to admit, we've had a very good first quarter, 10% gains for most of the averages, 15% at the most extreme. aren't we due for a correction of some kind? >> well, we could absolutely have a pause here and a small correction wouldn't be off the re
joking that jim demint should run for president. this isn't exactly what i had in mind. [laughter] perhaps he misunderstood me. you know, the ting that makes jim -- the thing that makes jim demint a great leader is the same thing that has always made people like matt spaulding and the heritage foundation itself so valuable; that is, your shared insistence on making the positive case on conservativism, what conservatives are for. in washington it's common for both parties to succumb to easy negativity. republicans and democrats stand opposed to each other, obviously, in outspoken partisanship is what almost always gets the most headlines. this negativity is unappealing on both sides, and that helps explain why the federal government is increasingly held in such low regard by the american people. but for the left the defensive crouch at least makes sense. liberalism's main purpose today is to defend its past gains from conservative reform. but negativity on the right, to my mind, makes no sense at all. the left has created this false narrative that liberals are for things, and conse
a difference in the development of this project and important report. as jim mentioned, there's more than 24 findings and recommendations. we can't cover all of those this morning that we want to hit some of the highlights. we hope he will take the entire report, study it through and look at each of those recommendations. why is this report important? it's important because we as a nation have to get this right. i looked back in history to the time during world war ii that we in turn to some japanese-americans. at the time it seemed like the right and proper thing to do but in light of history, it was an error. as of today this report will hopefully put into focus some of the actions taken in the post 9/11 environment. there are some key questions we wanted to address this morning. one, did the treatment of suspected terrorists and u.s. custody rise to the left of torture? second how did this happen and what can we learn from this to make better decisions to the future. we found the u.s. personnel in many instances used interrogation techniques on detainee's that constitute torture. american
30 victims who were missing a limb. abc's jim avila reports on how this tragedy unfolded. >> reporter: two hours after the winners crossed, 4:09 into the race, the amateur runners still filling boston's boylston street, two rapid-fire explosions at the finish line. >> something just blew up! [ explosion ] >> run! go! >> reporter: turning the cherished boston marathon into what one hospital official called a war zone. >> i crossed the 26-mile marker and i saw the first explosion happen. there was some commotion. i saw a fire and smoke. and i didn't know what it was. and then from about me to where that gentleman is standing over there, i literally saw the garbage barrel explode. i saw the flash, the fire, the smoke, and i just ran as fast as i could. >> reporter: cameras were rolling from many angles as the force of the blast actually knocks over at least within of the marathoners. look again. most of the injuries, though, suffered by spectators who came to celebrate the finish. >> a bomb went off. and it knocked me to the ground. and then, you know, everybody started running, panickin
agricultural. thank you all very very much for being here. megan smith, jim kolbe and judson please come forward. we are going to go straight through the noon hour because of the numbers we have. some senators have been thinking of going in for lunch and other meetings that are taking place but we will begin with megan smith who is commissioner of the vermont commission of tourism appointed by -- in 2011. before that she was in the vermont legislature and before she became commissioner she and her husband owned and operated the vermont in which is a very nice place. for over a dozen years. ms. smith, go ahead. >> chairman lacie ranking member grassley members of the committee i'm pleased to be here today on behalf of the vermont department of tourism and marketing and the broader traveling community to highlight the importance of travel related provisions included in immigration reform. vermont is very dependent on tourism. our percentage of jobs in the industry is twice the natural -- national average of 38%. the majority of our businesses are small and family-owned and agri-tourism is
in the united states senate joking or perhaps half joking that jim demint should run for president. this isn't exactly what i had in mind. [laughter] perhaps he misunderstood me. you know, the ting that makes jim demint a great leader is the same thing that has always made people like matt spalding and the heritage foundation itself so very valuable; that is, your shared insistence on making the positive case for conservativism, what conservatives are for. in washington it's common for both parties to succumb to easy negativity. republicans and democrats stand opposed to each other, obviously, and outspoken partisanship almost always gets the most headlines. this negativity is unappealing on pote sides, and that helps explain why the federal government is increasingly held in such low regard by the american people. but for the left the defensive crouch at least makes sense. liberalism's main purpose today is to defend itself past gains -- its past gains from conservative reform. but megativity on the right, to my mind, makes no sense at all. the left has created this false narrative that lib
your bank of america stock or selling it? here to discuss this, jim senegal, financial services analyst from "morningstar". thank you for joining us. what do you think of the report in the first place? banks manipulate the numbers for instance, moving loan-loss reserves over to the balance sheet. other banks have done that. can we believe numbers and are banks worse perhaps than we believe with bank of america? >> bank of america did release some reserves. that is something all the banks are doing. it is something i don't think a lot of investors look at. there is some help to the bottom line there. other than that it was a pretty clean quarter, asking considering all of the unusual charges for bank of america has had in the past few years. i think the problem is, the earnings really aren't anything to get excited about. even though bank of america's problems are receding into the past they're still not making a lot of money and a lot of that has to do with the macroeconomic environment. adam: when you talk about problems receding into the past, the big problem would be countrywide. i t
shrapnel designed to maim anyone standing by and jim avila has more. it's not hard to find out how to build one. >> reporter: it's not. investigators are learning more about the anatomy of the bombs and abc news confirming the common cooking appliance used in their construction was a midsize fager brand pressure cooker. unfortunately, the pot maker sells 50,000 a year of those in the united states. this is what remains of what investigators believe could be the crude but effective bomb used in boston. the american military knows them well. the pressure cooker bomb. homemade and designed to maim and kill. this video of military units detonating one in afghanistan posted on youtube. this one found on the internet from the streets of nepal. so common the department of defense handbook on spotting roadside bombs warns soldiers and marines to be on the lookout for that innocent pressure cooker and publications all over the internet teach the construction of a bomb made from mom's kitchen, why so popular? because pressure cookers seal so tightly and can be filled with nails and ball bearings and
of estimates as asian demand for its software dropped. still, in an interview with cnbc earlier, co-ceo jim hagueman sounded confident that growth in the asia pacific region was still solid. >> in asia, we have had now 13 consecutive quarters of double digit growth. 12, actually. this is the first time we have an issue in asia. what that means is you have an organization that has been growing rapidly. with that comes new demand on leadership. we have been make something changes. in q1 we had a couple of key countries where we were looking for the leadership to take this organization to the next level. that's why it's impacting q1. but if i look at the pipeline and the business out there, we have a very, very solid business also in asia pacific. >> they also said revenue from sap's cloud technology division was a bright spot in the report, jumping 380% from a year earlier. he responded to speculation the company might make its cloud service private, as well. >> we do see what cloud does for our customers is it radically simplifies complexity. running global supply chains is not ease or realt
. and we got a hundred dollars in points from sears to use on jim's mower... hold the phone! ...and points from the grill helped pay for my dress... now you're just pulling my leg. get this, sometimes points just show up in our account. get out of town! with points from shop your way, there are more ways to save than ever at sears. oh and this bracelet... i used points to get it for free. yeah, right. and i'm married to lorenzo lamas. hola. this is how to save. this is sears. >>> good morning to you. it's 8:00. welcome back to "cbs this morning." police searched the home of a person in interest in the boston marathon bombing. investigators are looking for answers and a motive and other cities are on alert this morning. nypd commissioner ray kelly will tell us how this city is responding. first, here's a look at today's "eye opener" at 8:00. >> we'll find out who did this and we will hold them accountable. >> two bombs went out with no warning yesterday near the finish line of the boston marathon. >> the fbi is leading a worldwide investigation but no one has yet been identified as a suspec
county police chief jim johnson, assault weapons are -- quote -- "meant for the battlefield." milwaukee chief of police, ed flynn, "military characteristics are not simply cosmetic in nature. these weapons are designed for combat." end quote. and john walsh, the united states attorney for colorado couldn't be more clear. "these weapons, he said, "are crafted to be as effective as possible at killing human beings." end quote. now, where are we today? seven states and the district of columbia banned assault weapons prior to the newtown, massacre. these are my own state, california, connecticut, d.c., hawaii, maryland, massachusetts, new york, and new jersey. since newtown, legislators in 20 states have introduced bills to either ban assault weapons or strengthen existing bans. 20 states are now contemplating action. connecticut and new york passed laws to tighten their existing bans, to prohibit assault weapons with one military characteristic, which is what we do in this bill. maryland expanded an existing ban on assault pistols to cover rifles and assault shotguns. in massachusetts and
, called it pure am necessary tifment jim sharp, a talk show host in phoenix promised that arizonans are still not taking this sitting down. on denny schaffer's show in new orleans, callsers demanded deportations. quote, i see nothing wrong with putting them on a bus and shipping them back to wherever they came from. a caller named alan told mr. schaffer, the law's the law. the senators filed their 844-page bill after 2:00 a.m. on wednesday. officially beginning what president obama and other supporters hope will be six-week effort to pass it in the senate by early june. hearings on the legislation, which tightens border security and offers an eventual path to citizenship, are set to begin on friday. that's from the "washington times." jacksonville, north carolina. arlene, good morning. democrat. caller: good morning. the gun background check situation. tammy baldwin was just on and she said something very interesting, she said, we already have background checks. so what's wrong with going a little bit more? and that's the problem. the problem is, you can't have a little bit. ce you
that this is the law of the land and going forward i think you will see that. >> host: one question from jim. he writes i'm 62 in good health, why not just go without until something comes of? >> guest: one reason is you will have to pay a fine. it's low in the first year, only $95. it goes up in a few years to 2% of hearing, or $700 or if you sign up for coverage although people worry the penalties are too low. but like anyone, as my mother used to tell me don't go a day without health insurance. you never know when you are going to have a concussion and you never know when you're going to be in a car accident. is it really a risk you want to take? >> host: going to ted from huntington new york on our republican line. good morning, you're on with jenny gold. >> caller: good morning. i would like to know about the policy you're in new york. i want to move out of new york. can this policy follow me you know to another state? or if -- >> host: do you have to change policies with each state you are in? is that what you're asking? >> caller: yes. >> guest: the thing about this lot is it's a state-by-state
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